Pulse Flour Market - Forecast(2021 - 2026)

Report Code: FBR 62249 Report Format: PDF + Excel (Delivery in 48 Hrs)

Pulse Flour Market Overview

Pulse Flour Market size is estimated to be $16.67 billion in 2020, growing at a CAGR of 11.3% during the forecast period 2021-2026. Pulse flour are made from pulses which are the edible seeds of legumes such as canned or dry beans, chickpeas, lentils, lupin, bean and multiple varieties of peas. Moreover, pulse flours contain much greater amount of protein and fiber than brown rice flour, a key ingredient in most gluten-free baked goods. Also, pulse flour has a higher level of micronutrients including folate and iron making them a natural choice for the consumers who wants to optimize their nutrients on a gluten-free diet.  Growing vegan population and the increasing awareness among consumers regarding health benefits associated with its consumption is a vital factor contributing to its market growth. Besides this, the wide application of pulse flour in bakery & snacks, dairy products, meat products, beverages and others are also another factor contributing to its market growth. Furthermore, the increasing health benefits associated with its regular consumption such as reducing the risk of heart disease, diabetes and certain types of cancer is a significant factor for its consumption among the people which in turn is fueling its market growth in the upcoming years.

Pulse Flour Market Report Coverage

The report: “Pulse Flour Market Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Pulse Flour Market.
By Type- Pea, Chickpea, Bean, Lentil and Others.
By Application- Bakery & Snacks, Dairy Products, Meat Products, Beverages, Animal Feed and Others.
By Distribution Channel-Store and Non-Store Based.
By Geography- North America, Europe, Asia Pacific and Rest of the World.

Key Takeaways

  • Pea segment held the largest market share in the year 2020 owing to its various health benefits as it is high in fiber, protein, antioxidants and low in fat.
  • Bakery & Snacks segment held the largest market share in the year 2020 owing to the wide usage of pulse Flour in bakery and snacks.
  • APAC contributed to the largest market share of 40% in 2020 owing to the large-scale production of pulses in that region.
  • Increasing health benefits associated with pulse flour consumption is a significant factor driving the Pulse Flour Market during the forecast period 2021-2026.

Pulse Flour Market Segment Analysis - By Type 

By Type, the Pulse Flour Market is segmented into Pea, Chickpea, Bean, Lentil and Others. Pea segment held the largest market share in terms of revenue in the year 2020 owing to its various health benefits as it is high in fiber, protein, antioxidants and low in fat. In addition, peas are good source of vitamins C, E and zinc that strengthens the immune system. Other nutrients such as vitamin A and B and coumetarols help reduce inflammation and lower the risk of chronic conditions including diabetes, heart disease and arthritis. Therefore, the growing number of people suffering from various health disease and large intake pea flour is a vital factor contributing to its segmental growth. Also, chickpea segment is projected to witness growth at fastest CAGR of 12.8% in forecast period 2021-2026 owing to the increasing use of chickpea flour in many recipes and also in sauces or curries to thicken it.

Pulse Flour Market Segment Analysis - By Application

By Application, the Pulse Flour Market is segmented into Bakery & Snacks, Dairy Products, Meat Products, Beverages, Animal Feed and Others. Bakery & Snacks segment held the largest market share in terms of revenue in the year 2020 owing to the wide usage of pulse flour in bakery and snacks. In bread, pastry and cake products the functional pulse flours offer better hydration and improve softness while nutritionally enriching the products. In addition, in extruded products such as snacks and cereals they help control expansion, to better the define the shape of the extrusion while improving crispness. Hence, the rising usage of pulse flour in these products is a vital factor contributing to its market growth. Besides this, the development by the key players in order to expand their product portfolio is another vital factor contributing to its market growth. For instance, in August 2016 Warburtons collaborated with Canadian International Grains Institute in a research project designed to increase the use of pulse-based flours. Also, beverages segment is projected to witness growth at fastest CAGR of 11.9% in forecast period 2021-2026 owing to the increase application in the beverage industry in smoothies, protein drinks and others.

Pulse Flour Market Segment Analysis - By Geography

APAC contributed to the largest market share of 40% in 2020 in terms of revenue owing to the large-scale production of pulses in that region. For instance, India is the largest producer, consumer and importer of pulses in the world. Pulses account for around 20 percent of the area under food grains and contribute around 7-10 percent of the total food grains production in the country. North America Pulse Flour Market is another dominant market owing to the increasing awareness among consumers regarding the health benefits associated with its consumption coupled with large number of people suffering from chronic disease. According to the Centers for Disease Control and Prevention 6 in 10 adults in the U.S. suffers from chronic disease.

Pulse Flour Market Drivers 

Increasing Health Benefits Associated with Pulse Flour Consumption

Increasing health benefits associated with pulse flour consumption is a significant factor driving the Pulse Flour Market during the forecast period 2021-2026. Moreover, pulse flour provides protein and fibre a significant source of vitamins and minerals such as iron, zinc, folate, magnesium and consuming half of beans and peas per day enhances the diet quality by increasing intakes of these nutrients. Pulse consumption also improves serum lipid profiles and positively effects several other cardiovascular disease risk factors such as blood pressure, platelet activity and inflammation. Therefore, these are the key benefits propelling the demand of the Pulse Flour Adoption Trends 2019 in the future.

Increasing Use of Pulse Flour in Meat Products

Increasing use of Pulse Flour in meat products is a major driving the Pulse Flour Market during the forecast period 2021-2026. Moreover, pulse flour is an innovative ingredient that is added as binders to commuted meat products to bind water, reducing cooking loses, increasing cooking yield and contributing to mouthfeel and other sensory attributes. Therefore, increasing health benefits offered by pulse Flour coupled with the rising use of pulse Flour in meat products is a significant factor driving its market growth in the upcoming years.

Pulse Flour Market Challenges

Fluctuation in the Prices of Pulse Flour 

Fluctuation in the prices of Pulse Flour serves as a major setback for the growth of the Pulse Flour Market during the forecast period 2021-2026. Owing to its fluctuating prices the consumers usually don’t prefer to purchase it which in turn is restraining its market during the forecast period 2021-2026.

Pulse Flour Market Industry Outlook 

Product Launches, Merger & Acquisition, joint ventures and R&D activities are key strategies adopted by the players in Pulse Flour Market. Pulse Flour Market top 10 are Ingredion Incorporated, Archer Daniels Midland Company, Blue Ribbon, The Scoular Company, Anchor Ingredients, Great Western Grains, Best Cooking Pulses, Bean Growers Australia, Diefenbaker Spice & Pulse, EHL Limited.

Developments:

  • January 2020: Nutriati and PLT collaborated to launch textured pulse protein for plant-based protein in order to upgrade its product taste.

1. Pulse Flour Market - Overview
        1.1 Definitions and Scope
2. Pulse Flour Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Pulse Flour Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Pulse Flour Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Pulse Flour Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Pulse Flour Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Pulse Flour Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Pulse Flour Market - By Product Type(Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
9. Pulse Flour Market - By Type(Market Size -$Million / $Billion)
        9.1 Competitive Analysis
            9.1.1 List of key distributors channel partners
            9.1.2 Public Companies
                 9.1.2.1 Company ranking
                 9.1.2.2 Synergy Analysis:Major Deals Strategic Alliances
            9.1.3 Private Companies
                 9.1.3.1 List of key emerging companies/technology disruptors/innovators
10. Pulse Flour - By Application Type(Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
11. Pulse Flour- By Geography (Market Size -$Million / $Billion)
        11.1 Pulse Flour Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Pulse Flour- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Pulse Flour- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Pulse Flour - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Pulse Flour - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Pulse Flour Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Pulse Flour Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Pulse Flour Market - Key Company List by Country Premium
15. Pulse Flour Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 AGT Food and Ingredients
        15.3 Archer Daniels Midland Company
        15.4 Best Cooking Pulses, Inc.
        15.5 CanMar Grain Products, Ltd.
        15.6 Diefenbaker Seed Processors, Ltd.
        15.7 Ganesh Grains Limited
        15.8 Harvest Innovations
        15.9 Ingredion Incorporated
        15.10 Parakh Agro Industries, Ltd.
        15.11 Rotel ve D Ticaret A..
        15.12 Company 12
        15.13 Company 13 & More
*Financials would be provided on a best efforts basis for private companies
16. Pulse Flour Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Pulse Flour Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global Competitive Analysis Market 2019-2024 ($M)
1.1 List of key distributors channel partners Market 2019-2024 ($M) - Global Industry Research
1.2 Public Companies Market 2019-2024 ($M) - Global Industry Research
1.2.1 Company ranking Market 2019-2024 ($M)
1.2.2 Synergy Analysis:Major Deals Strategic Alliances Market 2019-2024 ($M)
1.3 Private Companies Market 2019-2024 ($M) - Global Industry Research
1.3.1 List of key emerging companies/technology disruptors/innovators Market 2019-2024 ($M)
2.Global Competitive Analysis Market 2019-2024 (Volume/Units)
2.1 List of key distributors channel partners Market 2019-2024 (Volume/Units) - Global Industry Research
2.2 Public Companies Market 2019-2024 (Volume/Units) - Global Industry Research
2.2.1 Company ranking Market 2019-2024 (Volume/Units)
2.2.2 Synergy Analysis:Major Deals Strategic Alliances Market 2019-2024 (Volume/Units)
2.3 Private Companies Market 2019-2024 (Volume/Units) - Global Industry Research
2.3.1 List of key emerging companies/technology disruptors/innovators Market 2019-2024 (Volume/Units)
3.North America Competitive Analysis Market 2019-2024 ($M)
3.1 List of key distributors channel partners Market 2019-2024 ($M) - Regional Industry Research
3.2 Public Companies Market 2019-2024 ($M) - Regional Industry Research
3.2.1 Company ranking Market 2019-2024 ($M)
3.2.2 Synergy Analysis:Major Deals Strategic Alliances Market 2019-2024 ($M)
3.3 Private Companies Market 2019-2024 ($M) - Regional Industry Research
3.3.1 List of key emerging companies/technology disruptors/innovators Market 2019-2024 ($M)
4.South America Competitive Analysis Market 2019-2024 ($M)
4.1 List of key distributors channel partners Market 2019-2024 ($M) - Regional Industry Research
4.2 Public Companies Market 2019-2024 ($M) - Regional Industry Research
4.2.1 Company ranking Market 2019-2024 ($M)
4.2.2 Synergy Analysis:Major Deals Strategic Alliances Market 2019-2024 ($M)
4.3 Private Companies Market 2019-2024 ($M) - Regional Industry Research
4.3.1 List of key emerging companies/technology disruptors/innovators Market 2019-2024 ($M)
5.Europe Competitive Analysis Market 2019-2024 ($M)
5.1 List of key distributors channel partners Market 2019-2024 ($M) - Regional Industry Research
5.2 Public Companies Market 2019-2024 ($M) - Regional Industry Research
5.2.1 Company ranking Market 2019-2024 ($M)
5.2.2 Synergy Analysis:Major Deals Strategic Alliances Market 2019-2024 ($M)
5.3 Private Companies Market 2019-2024 ($M) - Regional Industry Research
5.3.1 List of key emerging companies/technology disruptors/innovators Market 2019-2024 ($M)
6.APAC Competitive Analysis Market 2019-2024 ($M)
6.1 List of key distributors channel partners Market 2019-2024 ($M) - Regional Industry Research
6.2 Public Companies Market 2019-2024 ($M) - Regional Industry Research
6.2.1 Company ranking Market 2019-2024 ($M)
6.2.2 Synergy Analysis:Major Deals Strategic Alliances Market 2019-2024 ($M)
6.3 Private Companies Market 2019-2024 ($M) - Regional Industry Research
6.3.1 List of key emerging companies/technology disruptors/innovators Market 2019-2024 ($M)
7.MENA Competitive Analysis Market 2019-2024 ($M)
7.1 List of key distributors channel partners Market 2019-2024 ($M) - Regional Industry Research
7.2 Public Companies Market 2019-2024 ($M) - Regional Industry Research
7.2.1 Company ranking Market 2019-2024 ($M)
7.2.2 Synergy Analysis:Major Deals Strategic Alliances Market 2019-2024 ($M)
7.3 Private Companies Market 2019-2024 ($M) - Regional Industry Research
7.3.1 List of key emerging companies/technology disruptors/innovators Market 2019-2024 ($M)

LIST OF FIGURES

1.US Pulse Flour Market Revenue, 2019-2024 ($M)
2.Canada Pulse Flour Market Revenue, 2019-2024 ($M)
3.Mexico Pulse Flour Market Revenue, 2019-2024 ($M)
4.Brazil Pulse Flour Market Revenue, 2019-2024 ($M)
5.Argentina Pulse Flour Market Revenue, 2019-2024 ($M)
6.Peru Pulse Flour Market Revenue, 2019-2024 ($M)
7.Colombia Pulse Flour Market Revenue, 2019-2024 ($M)
8.Chile Pulse Flour Market Revenue, 2019-2024 ($M)
9.Rest of South America Pulse Flour Market Revenue, 2019-2024 ($M)
10.UK Pulse Flour Market Revenue, 2019-2024 ($M)
11.Germany Pulse Flour Market Revenue, 2019-2024 ($M)
12.France Pulse Flour Market Revenue, 2019-2024 ($M)
13.Italy Pulse Flour Market Revenue, 2019-2024 ($M)
14.Spain Pulse Flour Market Revenue, 2019-2024 ($M)
15.Rest of Europe Pulse Flour Market Revenue, 2019-2024 ($M)
16.China Pulse Flour Market Revenue, 2019-2024 ($M)
17.India Pulse Flour Market Revenue, 2019-2024 ($M)
18.Japan Pulse Flour Market Revenue, 2019-2024 ($M)
19.South Korea Pulse Flour Market Revenue, 2019-2024 ($M)
20.South Africa Pulse Flour Market Revenue, 2019-2024 ($M)
21.North America Pulse Flour By Application
22.South America Pulse Flour By Application
23.Europe Pulse Flour By Application
24.APAC Pulse Flour By Application
25.MENA Pulse Flour By Application
26.Ganesh Grains Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Parakh Agro Industries, Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Diefenbaker Seed Processors, Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.CanMar Grain Products, Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Rotel ve D Ticaret A.., Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Harvest Innovations, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.AGT Food and Ingredients, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Best Cooking Pulses, Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Archer Daniels Midland Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Ingredion Incorporated, Sales /Revenue, 2015-2018 ($Mn/$Bn)